Find the Bayes estimator of the rate of a Poisson distributionThis example illustrates how to find the Bayes estimator, under squared error loss function, of the rate of a Poisson distribution if the prior distribution on the rate is a gamma distribution.
From Jane Harvill
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Bayes EstimatorsThe Bayesian approach to statistics is fundamentally different from the classical approach that we have been discussing. However, some aspects of the Bayesian approach can be quite helpful to other…
From Jane Harvill
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